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How to Buy a House on a Small Budget
Buying a house and achieving home ownership have always been cornerstones of the American dream.  With historically low home mortgage interest rates today and soaring rent prices, there is no better time than now to buy a house even with a small budget. 
For a lot of first-time homebuyers who are working with a small budget, the idea of buying a home may seem next to impossible.  But if you make a solid home buying plan and do the necessary research, you can buy a house even without a lot of money and with limited credit.
 
EXAMINE YOUR CREDIT     
The very first thing you should do once you decide to buy a house is check your credit.  You should go to www.annualcreditreport.com and obtain your credit report from all three credit bureaus, www.equifax.com; www.experian.com; and www.transunion.com.  
Read all three of your credit reports thoroughly and make sure there are no errors on your reports.  If there are errors on your credit reports, you need to gather the necessary proof/paperwork and initiate the dispute process with each credit bureau as soon as possible.
Double-check the payment history of any accounts where you may have been an authorized user.  If there are late payments reporting on these authorized user accounts, ask ... more

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